Central Capital Outlay (949)

A. 1. The capital projects in paragraph B of this item are hereby authorized and may be financed in whole or in part through bonds of the Virginia College Building Authority pursuant to § 23-30.24 et seq., Code of Virginia, or the Virginia Public Building Authority pursuant to § 2.2-2263, Code of Virginia. Bonds of the Virginia College Building Authority issued to finance these projects may be sold and issued under the 21st Century College Program at the same time with other obligations of the Authority as separate issues or as a combined issue. The aggregate principal amounts will not exceed $877,500,000 $882,298,390 plus amounts to fund related issuance costs, and other financing expenses, in accordance with § 2.2-2263 of the Code of Virginia.

2. a) Notwithstanding any other provision of law, the Director, Department of Planning and Budget, shall provide for the construction, renovation, or improvement of the projects listed in paragraph B from proceeds of bonds previously authorized in Part 2, §§ 1 through 4 of Chapter 1, 2008 Acts of Assembly, Special Session 1 and from proceeds of bonds previously authorized in Items C-85, Chapter 874, 2010 Acts of Assembly.

b) The purpose outlined in Item C-86, paragraph A, Chapter 2, Special Session I, 2012 Acts of Assembly is rescinded.  The $35,200,000 bond authority contained in that item shall be applied to the projects contained in paragraph B of this item.

3. From time to time, the Directors of the Department of Planning and Budget and the Department of General Services shall provide the Chairman of the Virginia College Building Authority or the Virginia Public Building Authority as applicable, information as to the specific projects to be financed by such authority within the dollar limit established by this authorization.

4. Debt service on the projects authorized in this item shall be provided from appropriations to the Treasury Board.

5. The appropriations for said capital projects are authorized in this item and are subject to the conditions in § 2-0 F of this act.

6. Except as provided herein, it is the intent of the General Assembly that not more than a total aggregate principal amount of $250 million in debt obligations be issued excluding refunding bonds in any fiscal year for the capital projects set forth in this item, provided, however, if less than a total aggregate principal amount of $250 million in debt obligations is incurred in any fiscal year for such capital projects, the unused amount may be added to any other subsequent fiscal year.  Only under this circumstance may more than a total aggregate principal amount of $250 million in debt obligations be issued in a fiscal year for such capital projects.  The provisions of this paragraph do not apply to previously authorized debt referenced in paragraph 2 of this item or the projects authorized in paragraphs C, D and E of this item.

7. The issuance of debt authorized in this item shall proceed so that the projected average annual debt service on all tax supported debt over the ten-year horizon shall be below five percent of blended revenues, as defined by the Debt Capacity Advisory Committee.  All issuance requirements shall be guided by the project cash flows submitted as part of paragraph A. 8.

8. a) Agencies and institutions included in this item shall submit cash flow requirements for each project to the Director, Department of Planning and Budget and the Director, Department of General Services, the Chairmen of the House Appropriations and Senate Finance Committees and the Six-Year Capital Outlay Advisory Committee.  The cash flows shall indicate quarterly cash needs to complete planning, working drawings and construction funding to the project completion.  The Six-Year Capital Outlay Advisory Committee shall review the cash flow requirements and forward the project cash flows to the Department of the Treasury.  The Department of Treasury shall use the cash flows as guidance for the issuance needs for the capital projects in this item by the Virginia College Building Authority and the Virginia Public Building Authority.

b) The Six-Year Capital Outlay Advisory Committee shall, at a minimum, meet at the end of each quarter to evaluate project progress.

9. In accordance with § 2.2-1520, the Director, Department of Planning and Budget shall reimburse the Central Capital Planning Fund, agencies and institutions for any amounts provided for and expenses incurred for project planning for the projects in paragraph B of this item.

10. All projects are authorized to proceed to working drawings and then to construction phase within the parameters outlined in § 2.2-1519, Code of Virginia.

11. Beginning July 1, 2013, the Director, Department of Planning and Budget and the Director, Department of General Services shall provide a quarterly progress report to the Chairmen of the House Appropriations and Senate Finance Committees on the projects in this item.

12. The Auditor of Public Accounts shall report on the adherence to the cash flow requirements for each project and any deviation in necessary project appropriation and allotment which creates a delay in the progress of the projects.  The report shall be submitted annually to the Governor, Speaker of the House of Delegates, President Pro-Tempore of the State Senate and the Chairmen of the House Appropriations and Senate Finance Committees.

B. The General Assembly hereby appropriates $56,000,000 $63,201,610 from nongeneral fund sources in the second year for the projects listed in this section.  Out of this amount, $7,201,610 in nongeneral funds from auxiliary enterprises revenues is designated for Virginia State University for the water storage tank project.

C. 1. The water quality and supply projects in paragraph D of this item are hereby authorized and may be financed in whole or in part through bonds of the Virginia Public Building Authority issued pursuant to § 2.2-2263, Code of Virginia.  The aggregate principal amounts will not exceed $221,000,000 plus amounts to fund related issuance costs, and other financing expenses, in accordance with § 2.2-2263 of the Code of Virginia.

2. The appropriations for said capital projects are contained in this item and are subject to the conditions in § 2-0 F of this act.

3. Except as provided for in paragraph C.2. of this item, the provisions of §§ 2.0 and 4-4.01 of this act and the provisions of §2.2-1132, Code of Virginia, shall not apply to projects supported in programs set out in paragraph D of this item.

4. The Department of Environmental Quality and the Department of Conservation and Recreation shall submit cash flow requirements for each program in paragraph D of this item to the Director, Department of Planning and Budget and the State Treasurer. The cash flows shall indicate quarterly cash needs to the programs’ completion.

5. Beginning July 1, 2013, the Director, Department of Planning and Budget and the State Treasurer shall provide a quarterly progress report to the Chairmen of the House Appropriations and Senate Finance Committees on the projects in this item.

D.1. Stormwater Local Assistance Fund.  From the appropriation and bond authorization provided in this item, up to $35,000,000 of the bond proceeds shall be provided to the Department of Environmental Quality Conservation and Recreation for the Stormwater Local Assistance Fund, established in accordance with the provisions of Item 360 of this Act.   In accordance with the purpose of the Fund set out in Item 360, the bond proceeds shall be used to provide grants solely for capital projects meeting all pre-requirements for implementation, including but not limited to: i) new stormwater best management practices; ii) stormwater best management practice retrofits; iii) stream restoration; iv) low impact development projects; v) buffer restoration; vi) pond retrofits; and vii) wetlands restoration.  Such grants shall be in accordance with eligibility determinations made by the State Water Control Board Virginia Soil and Water Conservation Board under the authority of the Department of Environmental Quality Conservation and Recreation.

2. Combined Sewer Overflow Matching Fund.  From the appropriation and bond authorization provided in this item, up to $75,000,000 of the bond proceeds shall be provided to the Department of Environmental Quality for the Combined Sewer Overflow Matching Fund, established pursuant to § 62.1-241.12, Code of Virginia. These bond proceeds shall be used by the Virginia Resources Authority and the State Water Control Board to make grants to the cities of Lynchburg, and Richmond to pay a portion of the capital costs of their combined sewer overflow control projects. Disbursements from these proceeds shall be authorized by the State Water Control Board, under the authority of the Department of Environmental Quality, and administered by the Virginia Resources Authority through the Combined Sewer Overflow Matching Fund. Of the net proceeds, up to $30,000,000 shall be provided to the City of Lynchburg, and up to $45,000,000 shall be provided to the City of Richmond. No such net proceeds shall be used to pay debt service on obligations of the cities of Lynchburg, or Richmond, or any other localities or regional or local authorities.

3. Nutrient Removal Grants.  From the appropriation and bond authorization provided in this item, up to $101,000,000 of the bond proceeds shall be provided to the Department of Environmental Quality to reimburse entities as provided in § 10.1-2117 et seq., Code of Virginia, considered as eligible Significant and Non-Significant Dischargers in the Chesapeake Bay watershed for capital costs incurred for the design and installation of nutrient removal technology. Such reimbursements shall be in accordance with eligibility determinations made by the Department of Environmental Quality pursuant to the provisions of this enactment and Chapter 21.1 of Title 10.1, Code of Virginia, including but not limited to the qualifications of projects for Virginia Water Quality Improvement Grants as set forth in §§ 10.1-2129, 10.1-2130, and 10.1-2131, Code of Virginia, and in written guidelines developed by the Secretary of Natural Resources in accordance with § 10.1-2129, Code of Virginia.

4.Hopewell Regional Wastewater Treatment Authority.  From the appropriation and bond authorization provided in this item, up to $5,000,000 shall be provided to the Department of Environmental Quality to provide a supplemental Nutrient Removal Grant, as established in § 10.1-2117 et seq., Code of Virginia, to reimburse capital costs incurred by the Hopewell Regional Wastewater Treatment Authority for the design and installation of nutrient removal technology. Such reimbursement shall be in addition to any conventional grant awarded for the nutrient removal project to the extent determined by the Department of Environmental Quality pursuant to the provisions of Chapter 21.1 of Title 10.1, Code of Virginia, including but not limited to the qualifications of projects for Virginia Water Quality Improvement Grants as set forth in §§ 10.1-2129, 10.1-2130, and 10.1-2131, Code of Virginia, and in written guidelines developed by the Secretary of Natural Resources in accordance with § 10.1-2129.

5. Appomattox River Water Authority.  From the appropriation and bond authorization provided in this item, up to $5,000,000 shall be provided for the Department of Environmental Quality to provide a grant for the Appomattox River Water Authority, to increase the supply of drinking water for the counties of Dinwiddie, Prince George, and Chesterfield, the cities of Colonial Heights and Petersburg, and the U.S. Army Garrison at Fort Lee, and to improve stream flow within the Appomattox River. The amount provided shall be matched by local contributions from any one or more of the affected local governments totaling $5,000,000.

E.1. The Director, Department of General Services, is authorized to proceed to working drawings and construction phase for its projects contained in C-39.05, paragraphs H.1. and H.2.  The projects may be financed in whole or in part through bonds of the Virginia Public Building Authority issued pursuant to § 2.2-2263, Code of Virginia.  The aggregate principal amounts will not exceed $300,000,000 plus amounts to fund related issuance costs, and other financing expenses, in accordance with § 2.2-2263 of the Code of Virginia.

2.  The Director, Department of General Services shall coordinate its projects with the design, building and dedication of the Public Safety Memorial.

EF. The administration of payments specifically listed in Paragraph D, and shown below, shall be subject to the provisions of § 4-1.03,C.4. of this Act.